Global Testing, Inspection, and Certification TIC For Mining Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Testing, Inspection, and Certification TIC For Mining Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Testing, inspection, certification and laboratory testing services in terms of quality, health, safety, environmental protection, performance and social responsibility are often referred to as inspection, testing and certification (TIC). TIC services include laboratory or on-site testing, management process audits, document inspections, inspections throughout the supply chain, and data consistency verification.

Mining testing, inspection and certification TIC provides inspection, verification, testing and certification services. The purpose of these services is to help increase productivity, help mining companies meet global standards, manage risks, and improve the quality, safety, and compliance of companies and their products or services.

Market Overview:

The latest research study on the global Testing, Inspection, and Certification TIC For Mining market finds that the global Testing, Inspection, and Certification TIC For Mining market reached a value of USD 5432.53 million in 2022. It’s expected that the market will achieve USD 7338.14 million by 2028, exhibiting a CAGR of 5.14% during the forecast period.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview:

SGS is one of the major players operating in the Testing, Inspection, and Certification TIC For Mining market, holding a share of 13.24% in 2020.

SGS provides industrial inspection, analysis, testing, and verification services. The Company inspects, samples, analyzes, and monitors raw materials, petroleum, food, crops, chemicals, consumer goods, and production machinery for compliance with industrial standards and local regulatory requirements, including tax and duty. SGS serves business worldwide.

Bureau Veritas SA provides a range of consulting services, including global inspection and audit, tests and certification applied to quality, hygiene and health.

Segmentation Overview:

Among different product types, Precious Metals Assay segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Mining Companies segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Testing, Inspection, and Certification TIC For Mining market covered in Chapter 3:

Cotecna
Exova Group
Houlihan Lokey
AHK Group
SGS
EQS
Bureau Veritas
Alex Stewart International
ALS Limited
Maxxam

In Chapter 4 and Chapter 14.2, on the basis of types, the Testing, Inspection, and Certification TIC For Mining market from 2018 to 2029 is primarily split into:

Precious Metals Assay
Exploration Geochemistry
Environmental Analysis
Other

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Testing, Inspection, and Certification TIC For Mining market from 2018 to 2029 covers:

Miners
Financial Institutions
Government Bodies
Other

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)